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    53 Gravel Pit Rd Hattiesburg, MS 39402

    Sponsored
    For Sale
    $871,200

    Massive industrial land, excellent price per sq ft.

    Property size:
    875,475 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive 20.1-acre industrial property located at 53 Gravel Pit Rd, Hattiesburg, Mississippi, 39402, presents a significant investment opportunity. The property boasts a substantial 875,475 square feet of land, ideal for various industrial uses. Priced at $871,200, this translates to an attractive price per square foot of $0.69. The land itself is valued at $29,950 per acre, reflecting strong potential for future development or expansion. Situated in Lamar County, this location offers convenient access to key transportation routes and infrastructure, making it an attractive proposition for businesses seeking a large-scale industrial footprint in Mississippi. The property's size and strategic location combine to create a compelling investment opportunity with significant upside potential. Detailed site plans and further information are available upon request. This is a rare opportunity to acquire a substantial industrial land parcel in a growing market. Don't miss out on this exceptional offering.

    Property Features for 53 Gravel Pit Rd

    General Information

    Property type
    Land
    Square Feet
    875,475 SF
    Lot Size
    875,556 SF

    HighLights

    • 20.10‑acre site.
    • 875,475 square foot land parcel.
    • Asking price: $0.69 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hattiesburg
    County
    Lamar
    State
    Mississippi
    Longitude
    -89.4087416
    Latitude
    31.3226556

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    FAQs

    What type of property is this?
    Land - Massive industrial land, excellent price per sq ft.
    Where is this land located?
    The property is located at 53 Gravel Pit Rd Hattiesburg, MS.
    What is the asking price?
    The asking price for this property is $871,200.
    What are key features of this property?
    This property features: 20.10-acre site.; 875,475 square foot land parcel.; Asking price: $0.69 per square foot.
    Request Owner's contact information
    53 Gravel Pit Rd Hattiesburg, MS 39402
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    Hattiesburg, MS 39402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    53 Gravel Pit Rd Hattiesburg, MS 39402
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